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The Following Data Show the Total Output for a Firm

Question 60

Multiple Choice

The following data show the total output for a firm when different amounts of labour are combined with a fixed amount of capital. Assume that the wage per unit of labour is $10 and the cost of the capital is $50. The following data show the total output for a firm when different amounts of labour are combined with a fixed amount of capital. Assume that the wage per unit of labour is $10 and the cost of the capital is $50. TABLE 7-3 -Refer to Table 7-3. A) $1.67. B) $10.00. C) $1.00. D) 50 cents. E) 16.7 cents. TABLE 7-3
-Refer to Table 7-3.


A) $1.67.
B) $10.00.
C) $1.00.
D) 50 cents.
E) 16.7 cents.

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